Bloomberg: Ukrainian Parliament Backs Bill to Ban Sale of Gas Pipelines

Ukraine’s parliament barred any sale of NAK Naftogaz Ukrainy after officials said Russia sought a stake in the state-run energy company’s natural-gas pipelines in exchange for cheaper supplies of the fuel.

A bill to boost the efficiency of Naftogaz’s pipeline system while maintaining state ownership was backed by 242 lawmakers in the 450-seat legislature, parliament said today on its website. Any reorganization of Naftogaz’s pipelines or storage facilities will now require Cabinet approval.  MORE

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